509 Oh, scold the cook after dinner(2/2)
Chen Hong on the side said, "Brother Lin, now that we have gathered all the troops, I am going back to the Magic City."
"Not staying for two more days?"
Chen Hong waved his hands hurriedly, "No, no, I've been pimping you for the past half month. There are a lot of projects accumulated in the company, waiting for me to go back and promote them.
In addition, regarding the mobile phone industry M&A fund, I will start setting up a team when I return to help sort out the mobile phone industry and upstream and downstream supply chains at home and abroad.
Don’t worry, we will definitely not slip up and slow down your progress here.”
Lin Fan thought about it. Chen Hong had done nothing in the past half month and had been trying to convince himself. He still had such a big company to manage, so it was really impossible for him to focus all his energy on Orange Phone.
"Okay, Brother Chen Hong, I won't keep you here. We will have a good talk on the day when the company is officially established."
"The Female CEO's Almighty Soldier"
Chen Hong hurriedly agreed and took the elevator to leave without letting Lin Fan see him off.
Lin Fan returned to the hotel's conference room and called over Liu Hai, Yabo and others who were also staying in the hotel.
The conference room, which had just returned to calm, became lively again.
Liu Haixiao said: "Brother Lin, the syndicated loan led by Morgan Stanley has been officially issued, with 4 billion 49.9 million yuan and 1 billion U.S. dollars. The funds in two types of currencies are lying in our ICBC Beijing and Cayman Bank.
In multiple domestic and overseas bank accounts opened.”
Lin Fan nodded. The procedures for such a large loan were complicated and not a simple matter. It only took two months to complete the loan. The efficiency was not low.
Liu Hai, as his confidant, was one of the main handlers of this loan.
This huge loan was negotiated with a banking syndicate headed by Morgan Stanley, and a wave of friendly cooperation was also carried out.
Due to the country's foreign exchange controls, foreign banks such as Morgan Stanley and other foreign banks have made money in the country and cannot easily transfer it overseas. They need to transfer it out in multiple batches every year.
Now Lin Fan has proposed to convert the 500 million US dollars in the loan into RMB, which they really want. This can be regarded as helping them transfer funds in disguise.
At the same time, they also agreed with Lin Fan that all repayments must be made in U.S. dollars.
Lin Fan is also an old capitalist, and what he is plotting is the appreciation of the RMB exchange rate in recent years.
After a few years of repayment, the RMB exchange rate against the US dollar had dropped from eight to six.
It's not that he doesn't want to exchange more RMB, the main reason is that it's easier to get in than to get out, and he doesn't need to hold so many RMB for the time being.
He has arranged for Jiang Ping to get this wave of foreign exchange dividends. Xiaoman Fund is the main way to make money. Making a fortune from loans is just a casual thing.
After recovering his thoughts, Lin Fan ordered: "The RMB bank account has allocated 3.96892 million yuan and will be injected into the Orange mobile bank account that will be opened soon."
Liu Hai nodded. Before this, the boss had already mentioned that he would inject US$490 million into domestic mobile phone companies, which is equivalent to more than 3.9 billion yuan.
The foreigners behind Yabo were almost dumbfounded. The Liqiu Fund's 800 million U.S. dollars were about to be exhausted. The boss turned around and got another 1.5 billion U.S. dollars. Is there a money printing machine hidden in this house?
Yabo smiled and said nothing. He was an insider, and he had brokered the US$1.5 billion loan with his old superior at Morgan Stanley.
Lin Fan looked at Yabo and ordered the latter: "Now that Ahri's due diligence is over, you have a new mission. Go to Hong Kong to set up a mobile phone industry M&A fund with a scale of 250 million US dollars..."
After giving some brief instructions, Lin Fan said to others: "The Equinox Fund is defined as a fund of funds, with a tentative scale of 1.5 billion US dollars, in RMB and US dollars.
Ah Li has done a good job. I will leave this fund to you.
In addition to investing in Orange Mobile Phone and Industrial M&A Funds, the Fund of Funds will also invest US$200 million and US$500 million each in Jingzhe, a VC fund to be established in China, and Bailu, a PE fund.
In addition, a co-investment fund - Vernal Equinox, with a tentative scale of US$100 million, will be established in the United States, specifically for additional investment in projects that have emerged from the Beginning of Spring and Rainwater Fund investments..."
Liu Hai, Yabo and several other foreigners from the Liqiu Fund took notes frantically. This was the focus of their next work.
Duck neck suddenly said: "Hey, Boss, something is wrong?"
After saying that, Yabo took out his mobile phone, found a calculator and started to calculate.
Then Yabo raised his head, raised his phone to Lin Fan, and said with a smile: "I did the calculations, and it seems that 1.5 billion US dollars is not enough? If you add them up, a total of 1.55 billion US dollars is needed."
Liu Hai also reminded aloud at this time: "Brother Lin, the business jet you ordered has an advance payment of US$20 million from the Liqiu Fund for the land, which needs to be paid back as soon as possible.
In addition, you have already hired a designer firm to design architectural drawings for your piece of land, and construction should start next, which will require another amount of money.
In addition, for Tesla’s Series C financing, you will personally need to invest US$13.333 million, and temporary capital will invest US$6.352 million...”
Bangs is like an emotionless machine, constantly reporting out a series of numbers.
Several foreign employees had different expressions. Even if there was a money printing machine in this house, they wouldn't be able to withstand this trick!
Lin Fan clapped his hands and said, "Look at my memory, I almost forgot that the two projects invested by my personal angel, Sky, and Frame Media, invested by Lichun Fund, have entered the exit period.
Liu Hai, Yabo, you two took the lead in setting up a liquidation team to carefully calculate how much money you can get back from these two projects.
I just made a rough calculation before, and it should be two to three billion US dollars, which is definitely enough to fill the hole."
Duck neck and Liu Hai looked at each other and nodded. There is no need to question the boss's strength!
Lin Fan tapped his fingers on the table. The loan of 1.5 billion U.S. dollars, as well as Frame Media, and the hundreds of millions of U.S. dollars that Skap was about to exit would definitely not be invested in the mobile phone industry, mainly because they could not carry so much funds for the time being.
In addition, Android and Tesla are still waiting for food and will rely on his blood transfusions for a long time.
Therefore, the top priority is to find ways to make more money.
If it really doesn't work, then we can only use the funds left abroad by the Lin Group.
However, Lin Fan didn't want to move for the time being unless it was absolutely necessary. If he moved his tail later, it would be difficult to deal with it.
After thinking for a while, Lin Fan started to contact Zheng Sheng.
Funds started to move.
Chapter completed!